On June 22, we had the opportunity to present a special webinar with Ann Hunt, in which she shared insight from her 10 years Wall St. experience and what she has learnt about the mind of a trader. Throughout the live web chat, Ann discussed various trading psychology topics and strategies to improve your trading results through simple and achievable changes.
Topics include:
- Using your strengths and weaknesses to your advantage
- Understanding your behaviour to improve performance
- How to form sticky habits around your personal biases
Trading on data, not emotion
Many of us are aware of the term ‘emotional trading’, but few are able to recognise it in themselves, especially whilst in the moment. Having plenty of experience from the dealing room, during the webinar, Ann reflects on watching this happen first hand. Being a witness to this several times led Ann to study the reasons why traders do this, and more importantly, how to become more aware of their own patterns from their own trading behaviour.
- Some of the processes that help traders and are detailed in the webinar include:
- Understanding what your own KPIs are and keeping to them
- Learning how to comprehend and measure our biases
- Recognising what outlaying trades are and the impact they have
How psychology could help your performance
After several years of testing and analysing the patterns and behaviour of traders, Ann has worked with FOREX.com to develop and optimise our exclusive Performance Analytics feature.
This feature helps you use your own strengths and weaknesses to improve your trading behaviour.
Performance Analytics shows you a series of Edges. You can use your unique insights to transform the way you trade.
Psychological Edges
- Find out how both winning and losing streaks effect your next trade
Strategy Edges
- Your most traded product might be your weakness
Timing Edges
- Are you better at market open? Close? Or in quieter times?
By harnessing the Edges that Performance Analytics provides, you can understand your habits and use them to your advantage.
How to trade with FOREX.com
Follow these easy steps to start trading with FOREX.com today:
- Open a Forex.com account, or log-in if you’re already a customer.
- Search for the pair you want to trade in our award-winning platform.
- Choose your position and size, and your stop and limit levels.
- Place the trade.
Últimas noticias
diciembre 12, 2024 09:30 p. m.
diciembre 10, 2024 09:00 p. m.
diciembre 10, 2024 07:39 p. m.
diciembre 9, 2024 02:53 p. m.
diciembre 5, 2024 02:18 a. m.
noviembre 28, 2024 03:02 p. m.
Artículos relacionados
marzo 27, 2024 08:53 a. m.
marzo 27, 2024 08:31 a. m.
marzo 27, 2024 08:31 a. m.
marzo 27, 2024 08:20 a. m.